Due to Security Token Offering (STO), crypto-market enters a completely new level of investment. Security tokens have opened up new opportunities for investors and other tokens users.
Spuul - a competitor of Netflix from India
Particularly noteworthy in their case is that they are fully compliant with the applicable regulations, and the fact that, although it is a relatively young industry, a number of valuable projects have already emerged in its area, having a chance to appear on the market.
One of them is the project Spuul - Indian platform offering the service over-the-top (OTT) available on the web, on mobile devices and via TV sets, and enabling download of both short and full-length movies and TV programs in Indian regional languages. The service covers the whole world.
Number of users Spuul she reached already 65 millionand the annual gross income exceeds 12 million dollars. The success of the platform has mobilized its creators for further development, which will take place through the use of technology blockchain and improvement of the film and television system called SPOKKZ. It will enable users to influence the production and creation of content on the platform, and will be based on the protocol blockchain characterized by high throughput.
Spuul was very well prepared for the introduction STO, therefore, it can be stated that the company is ready to start using the new model Sequility Token Offering (SQTO), designed based on blockchain technology, in cooperation with the company Capital. Thus, when deciding to implement SQTO, Spuul left the traditional fundraising route. These will be collected at various stages, and the first will be a round Smart Seed, offering capital to private investors in exchange for convertible bonds.
While the SPOKKZ platform will still be based on the initial capital, the company will start preparations for issuing investment tokens private investors in the next stage of financing, and then to retail investors. Down tokens individual investors will also have access to the platform.
By focusing on an innovative financing model, Spuul has the chance to raise funds necessary for further development, and the entire offer will be fully compliant with legal standards. In addition, Spuul aspires to take the leading positions on the stock market of investment tokens, such as tZero i Bakkt.